Page 2 - AAG070_Open House Flyer (28446340)

¹This example is based on the youngest borrower ¹ This example is based on the youngest borrower ¹ This example is based on the youngest borrower
0
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age 62, APR of 7.021%, home purchase price of age 85, APR of 7.710%, home purchase price of age 75, APR of 7.089%, home purchase price of
$200,000, IMIP of $5,000, origination fee of $4,000 and $300,000, IMIP of $7,500, origination fee of $5,000 and $500,000, IMIP of $12,500, origination fee of $6,000 and
other settlement costs of $4,864. New HECM fixed 2014 other settlement costs of $6,009. New HECM fixed 2014 other settlement costs of $8,749. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017. as of 4/26/2017.
²This example is based on the youngest borrower ¹¹This example is based on the youngest borrower ² This example is based on the youngest borrower
0
age 65, APR of 7.087%, home purchase price of age 62, APR of 6.933%, home purchase price of age 85, APR of 7.535%, home purchase price of
$200,000, IMIP of $5,000, origination fee of $4,000 and $400,000, IMIP of $10,000, origination fee of $6,000 and $500,000, IMIP of $12,500, origination fee of $6,000 and
other settlement costs of $4,864. New HECM fixed 2014 other settlement costs of $7,379. New HECM fixed 2014 other settlement costs of $8,749. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017. as of 4/26/2017.
³This example is based on the youngest borrower ¹²This example is based on the youngest borrower ²¹This example is based on the youngest borrower
age 70, APR of 7.162%, home purchase price of age 65, APR of 6.988%, home purchase price of age 62, APR of 6.869%, home purchase price of
$200,000, IMIP of $5,000, origination fee of $4,000 and $400,000, IMIP of $10,000, origination fee of $6,000 and $600,000, IMIP of $15,000, origination fee of $6,000 and
other settlement costs of $4,864. New HECM fixed 2014 other settlement costs of $7,379. New HECM fixed 2014 other settlement costs of $9,719. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017. as of 4/26/2017.
⁴This example is based on the youngest borrower ¹³This example is based on the youngest borrower ²²This example is based on the youngest borrower
age 75, APR of 7.275%, home purchase price of age 70, APR of 7.051%, home purchase price of age 65, APR of 6.917%, home purchase price of
$200,000, IMIP of $5,000, origination fee of $4,000 and $400,000, IMIP of $10,000, origination fee of $6,000 and $600,000, IMIP of $15,000, origination fee of $6,000 and
other settlement costs of $4,864. New HECM fixed 2014 other settlement costs of $7,379. New HECM fixed 2014 other settlement costs of $9,719. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017. as of 4/26/2017.
5 This example is based on the youngest borrower ¹⁴This example is based on the youngest borrower ²³This example is based on the youngest borrower
age 85, APR of 7.861%, home purchase price of age 75, APR of 7.145%, home purchase price of age 70, APR of 6.970%, home purchase price of
$200,000, IMIP of $5,000, origination fee of $4,000 and $400,000, IMIP of $10,000, origination fee of $6,000 and $600,000, IMIP of $15,000, origination fee of $6,000 and
other settlement costs of $4,864. New HECM fixed 2014 other settlement costs of $7,379. New HECM fixed 2014 other settlement costs of $9,719. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017. as of 4/26/2017.

5
6 This example is based on the youngest borrower ¹ This example is based on the youngest borrower ²⁴This example is based on the youngest borrower
age 62, APR of 6.962%, home purchase price of age 85, APR of 7.634%, home purchase price of age 75, APR of 7.051%, home purchase price of
$300,000, IMIP of $7,500, origination fee of $5,000 and $400,000, IMIP of $10,000, origination fee of $6,000 and $600,000, IMIP of $15,000, origination fee of $6,000 and
other settlement costs of $6,009. New HECM fixed 2014 other settlement costs of $7,379. New HECM fixed 2014 other settlement costs of $9,719. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017. as of 4/26/2017.
5
7 This example is based on the youngest borrower ¹ This example is based on the youngest borrower ² This example is based on the youngest borrower
6
age 65, APR of 7.021%, home purchase price of age 62, APR of 6.895%, home purchase price of age 85, APR of 7.469%, home purchase price of
$300,000, IMIP of $7,500, origination fee of $5,000 and $500,000, IMIP of $12,500, origination fee of $6,000 and $600,000, IMIP of $15,000, origination fee of $6,000 and
other settlement costs of $6,009. New HECM fixed 2014 other settlement costs of $8,749. New HECM fixed 2014 other settlement costs of $9,719. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017. as of 4/26/2017.
7
8 This example is based on the youngest borrower ¹ This example is based on the youngest borrower
age 70, APR of 7.088%, home purchase price of age 65, APR of 6.945%, home purchase price of
$300,000, IMIP of $7,500, origination fee of $5,000 and $500,000, IMIP of $12,500, origination fee of $6,000 and
other settlement costs of $6,009. New HECM fixed 2014 other settlement costs of $8,749. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017.
8
9 This example is based on the youngest borrower ¹ This example is based on the youngest borrower
age 75, APR of 7.188%, home purchase price of age 70, APR of 7.002%, home purchase price of
$300,000, IMIP of $7,500, origination fee of $5,000 and $500,000, IMIP of $12,500, origination fee of $6,000 and
other settlement costs of $6,009. New HECM fixed 2014 other settlement costs of $8,749. New HECM fixed 2014
as of 4/26/2017. as of 4/26/2017.

NMLS# 9392 (www.nmlsconsumeraccess.org). American Advisors Group (AAG) is headquartered at 3800 W. Chapman Ave., 3rd & 7th Floors, Orange CA, 92868. AAG conducts busi-
ness in the following states: AK (Alaska Mortgage Broker/Lender License No. AK9392), AL, AR, AZ (MB_0911141), CA (CA Loans made or arranged pursuant to a California Finance
Lenders Law license (603F324) and Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act (4131144)), CO (Regulated by the
Division of Real Estate; to check the license status of your mortgage loan originator, visit http://www.dora.state.co.us/real-estate/index.htm), CT, DC (District of Columbia Mortgage
Dual Authority License No. MLB9392), DE, FL, GA (residential Mortgage Licensee #22849), HI, IA, ID, IL (Illinois Residential Mortgage Licensee; Illinois Commissioner of Banks can be
reached at 100 West Randolph, 9th Floor, Chicago, Illinois 60601, (312)814-4500), IN, KS (Kansas Licensed Mortgage Company MC. 0025024), KY, LA, MD, ME (SLM11356), MI, MN,
MO (4824 NW Gateway Ave, Suite 201, Riverside, MO 64168), MS (Licensed by the Mississippi Department of Banking and Consumer Finance), MT, NC, ND, NE, NH (Licensed by the
New Hampshire banking department), NJ (Licensed by the N.J. Department of Banking and Insurance), NM, NV, NY (Licensed Mortgage Banker-NYS Department of Financial Ser-
vices; American Advisors Group operates as American Advisors Group, Inc. in New York.), OH (MBMB.850159.000), OK, OR (ML-4623), PA (Licensed by the Pennsylvania Department
of Banking 28356), RI (Rhode Island Licensed Lender), SD, SC, TN, TX (Mortgage Banker Registration), UT, VA (Licensed by the Virginia State Corporation Commission MC – 5134), VT
(Vermont Lender License No. 6384), WA (Consumer Loan # CL-9392),WV, WI, WY (WY-DBA AAG Reverse Mortgage Lender/Broker License No. 2331). A reverse mortgage increases
the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). Borrowers are responsible for paying property taxes and homeowner’s insurance
(which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be
required in some cases.
Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable
when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes or insurance payments, or does not otherwise
comply with the loan terms.
These materials are not from HUD or FHA and were not approved by HUD or a government agency. V11082016